The Prime Minister has revealed tech-giant Amazon is investing $7.5 billion into New Zealand.  

Speaking exclusively to Newstalk ZB, Christopher Luxon says Amazon Web Services is scheduled to be announcing the investment. 

He told Mike Hosking it will create up to a thousand jobs, and make an $11 billion boost to GDP. 

Luxon says it’s probably the largest ever publicly announced technology investment in New Zealand by an international tech firm.  

Speaking of international investors, the Prime Minister wants foreign investors to feel comfortable here so they invest more. 

New rules mean Active Investor Plus visa holders can now buy or build one home in New Zealand if it’s worth at least $5 million. 

They’ll still need to invest another $5 million separately, as part of the visa’s criteria. 

Luxon told Hosking everything will fall into place for these investors once they have a house here. 

He says it's not just about the first $5-10 million they're spending, it's what comes after that when they start seeing more investment opportunities. 

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